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Uber Made a Big Change to How It Prices Trips. It Might Be the Real ...

Summary by World News
Uber drivers and riders have been affected by the company's use of upfront pricing, a new study says. Education ImagesUber's upfront pricing strategy could have powered its financial turnaround, a new study found.The approach has come at the expense of ride-hailing drivers' pay, the study said.It said Uber is adept at what economists call "price discrimination." Uber called the findings "a tired, misleading story." A new study suggests that Uber…

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Uber used an "opaque" algorithm to increase its profits, to the detriment of application users and drivers, according to two studies.

·Montreal, Canada
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Research by academics at Columbia Business School in New York has concluded that the Silicon Valley company had implemented an "algorithmic price discrimination" that had increased "passenger fares and reduced drivers' salaries by billions of...travel, systematically, selectively and opaque," according to The Guardian today. A study that confirms what British researchers had already denounced a few days ago.

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diario16plus.com broke the news in on Wednesday, June 25, 2025.
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